The nonprofit that investigated OpenAI’s rogue agents runs on a $36m grant. The next wave of that money is waiting on the AI IPOs.

TL;DR

Coefficient Giving CEO Alexander Berger told Semafor that AI wealth is about to add roughly $40bn a year to American philanthropy, contingent on Anthropic and OpenAI listing. His foundation funds Redwood Research, one of the outfits OpenAI brought in to investigate its own agents breaching Hugging Face. The article’s contribution is the correlation nobody has priced: independent scrutiny of frontier AI is becoming a derivative of frontier AI valuations.

American philanthropy is about to absorb something in the region of $40bn a year in new annual spending from AI wealth, Coefficient Giving chief executive Alexander Berger told Semafor editor-in-chief Ben Smith in an interview published on Thursday. That is four or five Gates Foundations of yearly outlay, on his own comparison.

The figure is conditional on Anthropic and OpenAI completing planned listings, and Berger presents it as a modelled projection rather than a commitment. TNW has not independently verified...

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